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    Rokid Raises $112 Million from NetDragon to Scale AR Glass Improvement for the Metaverse

    Latest News

    Rokid Raises $112 Million from NetDragon to Scale AR Glass Development for the Metaverse

    Augmented actuality (AR) expertise developer Rokid introduced it has efficiently accomplished its funding spherical with a strategic funding from NetDragon Websoft, a globally distinguished firm specializing within the growth and operation of massively multiplayer on-line video games.

    The Hangzhou-based firm closed the Collection C spherical funding, bringing its raised whole to $112 million. 

    Based in 2014, Rokid focuses on analysis and growth of {hardware} and software program merchandise corresponding to AR glasses and the YodaOS working system. The corporate has developed a spread of augmented actuality for client and enterprise prospects, together with Rokid Max AR glasses and Rokid Station.

    Thus far, Rokid has obtained funding from prestigious establishments, together with Temasek, Credit score Suisse, IDG Capital, Haitong Safety, and Imaginative and prescient Plus Capital.

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    Rokid and NetDragon Websoft introduced they’ve cast a 5 yr partnership settlement to speed up the creation of next-generation interactive person experiences to foster the event of the metaverse. It’s aimed toward enhancing product growth and bringing innovation to the trade. 

    “We stay up for working with NetDragon to develop our alternatives by leveraging their data and know-how in training and gaming, in addition to their international gross sales community. We imagine that the mixture of NetDragon and Rokid will convey new momentum in product growth and breakthrough innovation to the trade,” mentioned Mr. Misa Zhu, Founder and CEO of Rokid.

    Beneath this partnership, NetDragon Websoft may have the chance to leverage AR applied sciences for product design enhancement and person expertise refinement. Moreover, it is going to facilitate the swift introduction of their AR-enabled product choices to the market.

    “We see AR changing into one of many key channels for customers to work together within the metaverse, as the appliance of AR is suitable for longer time utilization in comparison with VR, and therefore the quantity and number of use instances are broadened considerably with AR, particularly in training and gaming,” mentioned Dr. Simon Leung, NetDragon Group’s Vice Chairman and Government Director.

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    Each firms are mentioned they’re united by a shared dedication to innovation, a ardour for exploring new prospects and a steadfast dedication to advancing metaverse expertise.

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    About The Writer

    Alisa is a reporter for the Metaverse Submit. She focuses on investments, AI, metaverse, and every thing associated to Web3. Alisa has a level in Enterprise of Artwork and experience in Artwork & Tech. She has developed her ardour for journalism via writing for VCs, notable crypto initiatives, and engagement with scientific writing.

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    Alisa Davidson

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